3M Unit Defends Request to Shield Parent From Mass Earplug Lawsuits

Lawyers representing 3M Co. ’s bankrupt Aearo Technologies LLC subsidiary defended its request to a bankruptcy judge to extend a litigation stay to the parent company to resolve mass earplug lawsuits,...

In a busy morning 3M announces healthcare spin off, mixed earnings and subsidiary’s voluntary bankruptcy

3M Co. was busy before market open Tuesday, announcing the planned spinoff of its healthcare business, second-quarter results, and the voluntary bankruptcy of the company’s Aearo Technologies subsidia...